Business Climate and Economy

Report Explores Surge In Fintech Innovation In Africa
June 20, 2024

A new report by BDO Africa has explored how transformative technology within the African Fintech landscape...

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Despite Challenges, Africa Sustains Second-Year Profitability, Says IATA
June 20, 2024

Despite headwinds, the International Air Transport Association (IATA) has expressed joy with Africa’s sustained demand for...

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Advertising spend soared to N605bn in 2023 – Report
June 19, 2024

Nigeria’s advertising spend surged to $385.5 million in 2023, a milestone that reflects the industry’s robust...

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June 14, 2024

The Nigerian advertising industry is set to reach an estimated $567.4 million by 2028, according to...

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Nigeria data protection ecosystem now worth over N10 billion – NDPC
June 14, 2024

The Nigeria Data Protection Commission (NDPC) has said that the economic value of the country’s data...

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World Bank affirms 3.3% economic growth forecast for Nigeria
June 13, 2024

The World Bank yesterday affirmed its 3.3 per cent economic growth forecast for Nigeria in 2024...

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Nigeria’s earnings from crude oil export rise by 50.2% to N15.4 trillion in Q1 2024
June 13, 2024

The value of Nigeria’s crude oil export earnings increased by 50.2% in the first quarter of...

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African startups raise $187 million in May 2024 – Report
June 13, 2024

Startups across Africa announced fresh capital raise totalling $187 million in May, as funding improved compared...

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June 13, 2024

Data from the National Bureau of Statistics reveal Nigeria recorded $79 million as import cost for...

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Nigeria’s trade surplus hits new high of N6.52 trillion in Q1 2024
June 11, 2024

Nigeria’s foreign trade statistics report for the first quarter of 2024 reveals a significant trade surplus...

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OECD: Climate Finance For Developing Countries Hit $115.9bn In 2022
June 10, 2024

Developed countries provided and mobilised $115.9 billion in climate finance for developing countries in 2022, exceeding...

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Lagos makes top 100 in global startup index 2024 – Report
June 6, 2024

The 2024 Startup Index has ranked Lagos as 70th in the world placing it among the...

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